Riverside Resources

Riverside has begun a c.1,500-metre second diamond drilling campaign (8–10 holes, ~180 m each) on the 25 km² Union project in northwest Sonora in partnership with Questcorp. The drilling targets sediment-hosted gold mineralization and carbonate-hosted replacement deposits with gold–silver–zinc near historic mine workings; surface samples in the Jabali area returned >5 g/t gold over a 200 m strike length. The program is fully funded, builds on Phase‑1 results and will test new targets; Riverside has strong liquidity but, according to InvestingPro, is currently trading above its fair value. » Altro su de.investing.com

Riverside Resources released Phase-2 surface results from the La Union project in Sonora, with samples up to 20 g/t gold over 2.9 m, individual assays up to 91.7 g/t gold and up to 40% zinc, and additional samples showing elevated silver, lead and zinc. Regional work identified three new target areas (Jabalí, La Negra, Ali Hill) and the company plans a Phase-2 drill program for early summer 2026. Riverside confirms permitted access, contractors engaged, more than C$5 million in cash, debt-free status and strong liquidity to fund the upcoming drilling activities. » Altro su de.investing.com

Riverside Resources begins phase-2 exploration work at the La Union project in Sonora, Mexico; Questcorp is funding the program. Field teams will carry out geological mapping, geochemical and geophysical surveys and structural analyses across multiple targets, with a focus on sediment-hosted gold at Luis Hill, where phase-1 returned a drill result of 42 m at 0.3 g/t gold. Further work includes underground sampling in the Union mine, target definition at Famosa North and an expanded aeromagnetic drone survey to prepare for a drilling program in early summer 2026. Riverside reports a cash position of over C$5 million and being debt-free; InvestingPro rates the financial position as “GOOD” (Current Ratio 5.13, market capitalization $14.44 million). » Altro su de.investing.com